FIS nears capital markets acquisition
The financial tech provider is on the cusp of making a purchase, at the same time that it’s grappling with employee severance costs, its CFO said last week.
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Futures Mostly Down Pre-Bell as Traders Await Key Inflation Data; Asia Rises, Europe Churns
The benchmark US stock measures were mostly pointing lower before the opening bell Monday as traders
Dow to sell 40% stake in some US Gulf Coast infrastructure assets for $2.4 billion
Shares of Dow were up about 5% at $44.14 in premarket trading after the company said it would receive up to about $3 billion in cash proceeds if Macquarie decides to increase its equity share to 49% within six months of closing the deal. Dow said the transaction was part of its actions to evaluate its ownership of non-product producing assets across its global portfolio, including power and steam production and pipelines.
Bankers Expect Europe’s IPO Market to Defy Dangers in 2025
(Bloomberg) -- Bankers see Europe’s IPO rebound broadening in 2025 despite the threat of trade frictions and political upheaval, as private equity firms look to unload portfolios and secure returns.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitCloud Computing Ta
Oracle Stock Having Best Year Since 1999 on Cloud Momentum
(Bloomberg) -- Oracle Corp. is on track for its best year in over two decades because its once-struggling cloud business is being taken seriously by customers and investors.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectCloud Computing Tax Threatens Chicago’s Silicon Valley AmbitionsNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly R
Cardano, XRP Lead Losses Among Majors as Market Slide Liquidates $300M Bullish Bets
The CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market cap, fell 3.6%. Weakness in majors saw midcaps fall as much as 10%, per Coingecko data.
Interpublic Stock Jumps as Omnicom Strikes Deal to Buy Ad Rival Interpublic
Interpublic Group of Companies shares are surging in premarket trading after Omnicom Group said it had struck a deal to acquire its rival in an all-stock deal that would form the world's largest advertising company.